FESTIVAL Park's new owners have suggested the site could be used for something different in the future.
After months of uncertainty, Festival Park has been sold to Mercia Real Estate, which has listed the property on its website giving a few hints about its possible future.
Mercia is a property investment company which owns a range of properties, mostly in the English Midlands, including the Guildhall Shopping Centre in Stafford and Lydney Harbour Industrial Estate in Gloucestershire.
On its website it describes Festival Park as a 100,000 sq ft former retail outlet set on a 91-acre site. The biggest hint over its future is that it states: "The asset provides significant and immediate repositioning opportunities."
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What that repositioning means is not clear, but it could suggest a possible change of use for some of part of the site.Any change of use would need planning permission from the local council.
Blaenau Gwent council, which previously considered buying the site, said: "More information on this [the sale] will be made available in the coming weeks and months."
What would you like to see happen to Festival Park? Let the Argus know in the comment section.
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